Bill Summary for H 626 (2019-2020)
Printer-friendly: Click to view
Summary date:
May 2 2019
Bill Information:
| View NCGA Bill Details | 2019-2020 Session |
AN ACT TO REQUIRE STRESS TESTING FOR THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM, AS RECOMMENDED BY THE PEW FOUNDATION; TO MAKE AMENDMENTS RELATED TO THE PENSION SOLVENCY FUND; TO MAKE AMENDMENTS TO SUBROGATION AND THE RIGHT OF RECOVERY OF THE NORTH CAROLINA STATE HEALTH PLAN FOR TEACHERS AND STATE EMPLOYEES; AND TO CLARIFY THE LIEN PRIORITY OF THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM AS IT PERTAINS TO CHARTER SCHOOL PAYMENT PLANS.Intro. by McNeill, Ross.
| View: All Summaries for Bill | Tracking: |
Bill summary
House committee substitute to the 1st edition makes the following changes.
Eliminates the proposed changes set out in previous Section 5 of the act, amending GS 135-48.37, GS 44-49 and GS 44-50 (regarding subrogation of the State Health Plan to all Plan member rights of recovery and the Plan's lien priority to all nongovernmental medial liens and rights). Makes conforming organizational changes.